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Usg

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Market Research Report



Overview



USG Corporation, officially known as United States Gypsum Corporation, is a pivotal player in the construction materials industry in North America. Headquartered at 550 West Adams Street, Chicago, Illinois, the company is renowned for its gypsum products like drywall and joint compound. As part of the Knauf group, USG holds the title of the largest wallboard distributor in the United States and continues to lead in the manufacture of gypsum-based products.

Key Financials (2016)


  • Revenue: US$3.03 billion

  • Operating Income: US$374 million

  • Net Income: US$510 million

  • Total Assets: US$3.87 billion

  • Total Equity: US$1.89 billion

  • Number of Employees (2017): 6,800


Leadership Team



  • Christopher R. Griffin

  • Title: President & CEO

  • Experience: Over 40 years in the building materials industry with a focus on customer service and product quality.


  • Christopher Macey

  • Title: President, Gypsum & Senior VP

  • Focus: Strategic direction and product development for the wallboard and surfaces business

  • Experience: Nearly 30 years.


  • Diane Earll

  • Title: President, Ceilings Division & Senior VP

  • Role: Overseeing strategy and growth in ceilings business

  • Experience: Over 32 years.


  • Ryan Flanagan

  • Title: CFO & Senior VP

  • Background: Expertise in finance, accounting, and investor relations

  • Joined USG: 2013.


  • Steve Youngblut

  • Title: General Manager, Canada & VP

  • Focus: Growth and profitability in Canadian operations.


  • Fernando Fernández

  • Title: General Manager, USG LatAm

  • Industry Tenure: Over two decades, focusing on growth and operational strategy in Latin America.


  • Dr. Srinivas Veeramasuneni

  • Title: CTO & Senior VP

  • Contribution: Leads technology strategy and innovation at USG.


  • Barbara-Maria Loth

  • Title: Chief Customer Officer & Senior VP

  • Strengths: Business transformation and customer-centric strategies.


  • Shelly Green

  • Title: Chief People Officer & Senior VP

  • Experience: Nearly 30 years at USG, overseeing talent management and human resources.


  • Georgia L. Vlamis

  • Title: General Counsel & Senior VP

  • Expertise: Extensive experience in corporate law, specifically M&A and compliance.


  • Brian Tauke

  • Title: Chief Strategy Officer & Senior VP

  • Role: Guides company growth and strategic evolution.


Company History and Structure



Founded in 1901 through the merger of 30 gypsum and plaster companies, USG Corporation emerged as the first nationwide gypsum entity. It further established itself with the introduction of innovative products like Sheetrock. In 2018, USG was acquired by Knauf yet continues to operate independently with a strong emphasis on manufacturing and innovation in the construction industry.

Competitive Landscape



Overview



USG Corporation, a significant entity in the construction materials sector, encounters intense competition. It provides a variety of products, including wall, ceiling, flooring, sheathing, and roofing materials, extending its market presence worldwide while being based in Chicago.

Major Competitors



Martin Marietta


  • A key supplier of building materials with a presence across 500 locations in North America and the Caribbean, Martin Marietta provides aggregates, cement, and ready-mixed concrete with a focus on sustainability and community impact.


Eagle Materials


  • Headquartered in Dallas, Texas, Eagle Materials specializes in Portland cement and gypsum wallboard production, serving 21 states and contributing significantly to the construction industry's infrastructure projects.


Knauf


  • Operating in over 90 countries, Knauf manufactures insulation materials, drywall systems, and other construction products. As a privately owned company emphasizing a people-first culture, Knauf poses as a formidable competitor with a robust global presence.


Boral


  • An Australian firm excelling in construction materials like quarry products, cement, and asphalt, Boral's extensive operations in Australia, the USA, and Asia solidify its competitive position against USG.


CertainTeed


  • As a Saint-Gobain subsidiary, CertainTeed leads the North American market in exterior and interior building products, including roofing, siding, and gypsum, providing comprehensive solutions in the construction materials market.


Market Position



USG ranks highly in CEO Score among competitors, underscoring its strong leadership. The competitive landscape involves diverse companies with specific strengths and significant market shares in construction materials.

Key Insights


  • Market Expansion: Competitors like Knauf and Boral have established extensive international operations, emphasizing global strategies' importance.

  • Product Innovation: Competitors such as Eagle Materials focus on innovation, impacting USG's market share if not strategically countered.

  • Sustainability & Engagement: Martin Marietta’s sustainability focus may offer a competitive edge in markets valuing eco-friendly practices.


This comprehensive analysis highlights the competitive dynamics experienced by USG, indicating strategic initiatives crucial for growth amidst strong industry rivals.